$HIVE
At the end of the year, everyone is busy, too many tasks to accomplish,
today is a relatively relaxed day. Make a cup of coffee and light a cigarette.
I have been observing the market, wow it's very lively and bustling.
And today I will point out a very serious mistake that you, I, and everyone often make when starting to participate in the market, and the price to pay is your USD evaporating 😍😍😍
I will not analyze market capitalization, volume, projects, or tokens at all.
I will speak very simply and understandably. Based on my perspective, if you like, you can leave me a like.
OK, I will use the Hive coin as an example.
Why: the coin $HIVE has skyrocketed???
Speculation: because it was bought by whales in very large quantities.
Who are the whales: they are organizations with tremendous economic potential, they can manipulate the market, causing a coin to rise and fall by 30% to 40% in an instant.
Why: is it Hive and not other coins??
Speculation: like a lottery with a ratio of 1/297
What about buying Hive now???
Speculation: still good, still profitable, because now is the time when everyone is following the trend.
What is the risk: as I mentioned above, when a coin is manipulated in price, it is normal for it to rise and fall by 30-40%.
For experienced traders, they will buy when the unknown coins are still in a swap and they will sell for profit as soon as there is a price pump.
But those who come later can easily buy at the peak and sell at a loss, switching from trader to reluctant holder. 😍😍😍